The Healing and Creative Arts Center of the Palm Beaches Inc

Analysis

The Healing and Creative Arts Center of the Palm Beaches Inc is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in November 2001, 25 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Healing and Creative Arts Center of the Palm Beaches Inc reported income of $345k and spending of $348k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $267k to $345k (+29%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Healing and Creative Arts Center of the Palm Beaches Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Burning Bush Inc ($345k), Allies Linked for the Prevention of HIV and AIDS ($345k) and Metco Directors Association ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 40% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.